Welcome to The Vitalize Podcast by Vitalize Venture Capital

Raising a $52M Fund as a Solo Latina GP in the Midwest, with Samara Hernandez of Chingona Ventures

Justin Gordon (justingordon212) talks with (@SamaraMHernandz), the Founding Partner at Chingona Ventures, an institutionally-backed pre-seed stage fund investing in the next generation of badass founders building technology and technology-enabled companies all over the U.S. In May 2022, Chingona Ventures announced the close of their $52M Fund II.

Samara has over 15 years of experience in investing, selling, and advising on both public and private markets. She has a background in sales, operations and technology at Goldman Sachs. She was an early-stage investor with MATH Venture Partners and advisor to Angeles, Camino Financial, and Chicago Blend. Samara is actively involved in the Chicago tech community and passionate about helping underrepresented groups get into STEM education, venture capital and entrepreneurship. She co-founded the Latinx Founders Collective organization to bring together Latinx founders, investors, and community leaders to support the entrepreneurial ecosystem. Samara is an active member of Latinx VCs, a San-Francisco based group of experienced venture investors coming together to connect, engage, and foster the Latinx VC ecosystem. She studied engineering at the University of Michigan, and has her MBA from Northwestern University. Samara is a proud Mexican immigrant and mama to a toddler.

Website: https://www.chingona.ventures/
LinkedIn: https://www.linkedin.com/in/samaramejia/
Twitter: https://twitter.com/SamaraMHernandz
Samara and Justin’s chat on the Just Go Grind Podcast from January 2021: https://www.justgogrind.com/samara-mejia-hernandez-podcast/

Show Notes:
0:00 Samara’s journey to raising a $52M fund for Chingona Ventures, including doubling her target
3:03 Portfolio construction from Fund I to Fund II
5:03 Funding 80% women and minorities and getting them in a position to grow a venture-backed business
6:50 Building out the Chingona Ventures team and offering opportunities to interns
10:27 What Samara is prioritizing platform-wise
15:14 Having an authentic social media presence
17:31 The origin story of one of Chingona Ventures’ most successful investments, Career Karma, and meeting founder Ruben Harris via cold outreach
23:46 The process of raising Fund I vs Fund II
32:36 Participating as a Kauffman Fellow
37:16 Samara’s thoughts on leadership and passion
41:24 Where to connect with Samara and Chingona Ventures

More about the show:

The Vitalize Podcast, a show by Vitalize Venture Capital (a seed-stage venture capital firm and pre-seed 300+ member angel community open to everyone), dives deep into the world of startup investing and the future of work.

Hosted by Justin Gordon, the Director of Marketing at Vitalize Venture Capital, The Vitalize Podcast includes two main series.

The Angel Investing series features interviews with a variety of angel investors and VCs around the world. The goal? To help develop the next generation of amazing investors.

The Future of Work series takes a look at the founders and investors shaping the new world of work, including insights from our team here at Vitalize Venture Capital.

More about us:

VITALIZE Venture Capital was formed in 2017 as a $16M seed-stage venture fund and now includes both a fund as well as an angel investing community investing in the future of work. VITALIZE has offices in Chicago, San Francisco, and Los Angeles.

The VITALIZE Team:
Gale - https://twitter.com/galeforceVC
Caroline - https://twitter.com/carolinecasson_
Justin - https://twitter.com/justingordon212
Larissa - https://twitter.com/LarissaInsogna

VITALIZE Angels, our angel investing community open to everyone:
https://vitalize.vc/vitalizeangels/